Helium migrates its blockchain to Solana following T-Mobile partnership
The project’s developers cites Solana’s ability to improve efficiency as scalability as reasons for the move. Go to Source Powered by WPeMatico
Month: September 2022
Get ready for a swarm of incompetence at the IRS in 2023
The IRS is hiring 87,000 agents, thanks to President Joe Biden’s 2021 infrastructure package, but they won’t be fully trained for three years. Go to Source Powered by WPeMatico
Coinbase counters WSJ claim its Risk Solutions group engaged in $100M proprietary trade
In a blogpost, Coinbase said the WSJ seemed to confuse the nature of a transaction earlier this year made using money raised through a structured note that was later sold. Go to Source Powered by WPeMatico
Bitcoin’s 60% year-to-date correction looks bad, but many stocks have dropped by even more
Legacy investors often say BTC, ETH and altcoin volatility is too high to warrant a sound investment, but many major corporations have seen even larger drawdowns in their stock prices in 2022. Go to Source Powered by WPeMatico
Korean crypto bank partners with Blockdaemon to offer retail staking services
In January, Delio was granted Virtual Asset Service Providers (VASP) approval by the Korean Financial Intelligence Unit. Go to Source Powered by WPeMatico
Bank of Japan Intervenes in Foreign Exchange Markets After Yen Slips to 24-Year Low
While the greenback has been rising higher, the Japanese yen tapped a 24-year low and Japan decided to intervene in foreign exchange markets (forex) for the first time since 1998. Reports say the Bank of Japan conducted the first forex intervention in 24 years, after the Japanese central bank kept its benchmark bank rate suppressed … Read more
Coinflex plans give 65% of company to creditors as part of restructuring proposal
Subject to a vote and court approval, the plan proposed CoinFlex creditors own 65% of the company, while its team members be allocated 15% of the company’s shares. Go to Source Powered by WPeMatico
FOREO’s Flagship Products Launch as NFTs Before Conventional Release, Paving the Way for Skincare Innovation
PRESS RELEASE. Stockholm, September 22nd: As the world moves into more digital environments, Swedish beauty-tech giant FOREO has taken the initiative to bring a whole new product to audiences everywhere – the beauty NFT. Blockchain technology has allowed FOREO to challenge traditional skincare protocol and unobtainable beauty standards by bringing its renowned beauty range LUNA … Read more
Crypto bug bounty platform Immunefi raises $24M led by Framework Ventures
The growth of decentralized finance, or DeFi, has made the blockchain industry especially vulnerable to scams and attacks. Go to Source Powered by WPeMatico
Total crypto market cap shows strength even after the Merge and Federal Reserve rate hike
Many of the top-80 cryptocurrencies dropped by 15%+ in the past week, but the Tether premium in Asia-based futures markets shows traders remain calm. Go to Source Powered by WPeMatico